The Board of the Accreditation Council for Accountancy and Taxation met January 11-12, 2013. The purpose of the meeting was to chart a course for ACAT in the near future. The Board spent the better part of a day pinpointing the goals that ACAT wanted for its credential holders and prospective credential holders. We decided that the main goal for ACAT was to make the credential recognizable to the public, to the employers, and to prospective credential holders who may be seeking recognition in a second career. We think that a good place to devote our resources is to social media, e.g., Facebook, Twitter, LinkedIn, etc., to the community colleges, to the Department of Labor’s Employment Task Forces, and to other agencies that offer employment options for those seeking a new or alternative career.
We feel that ACAT is an important addition to the resume of those in the job market. A voluntary credential demonstrates professionalism and a dedication to the accounting profession that sets the job seeker apart from the rest of the job market. It demonstrates to prospective employers that you have an expertise and have been tested in the profession that you seek. If you were looking at two possible employees for your company, and everything else was equal, would you pick the credentialed individual or an individual with nothing?
There are many credentials and designations for income tax preparers, including the new Registered Tax Return Preparer, but how many accounting credentials do you know of? If you work in the fields of accounting and/or tax preparation, you need to add the Accredited Business Accountant credential to your arsenal to be a well-rounded professional.